The former International Monetary Fund official has served as international affairs counselor to Yellen for the past two years after he came out of retirement. "He will be irreplaceable for the department, but I feel incredibly fortunate to have had his counsel," Yellen said in statement. "During that time, David has helped shape our international agenda across a wide set of challenges - from the recovery from the pandemic to our response to Russia's war against Ukraine."

The BRICS+ International Business Forum is an opportunity for organisers, guests and participants to find new partners and discuss current business principles.